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Cosmos Bank Ajmera Pune Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Ajmera Pune Maharashtra

MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajmera
Contact Mr. Sonawane Sunil, Manager, Ph.020-27476450
Bank Details Cosmos Co-Op Bank Ltd Ajmera COSB0000033
Location Ajmera, Pune
City Ajmera
District Pune
State Maharashtra
Pincode 411018
Country IN
Address 149/2, plot no.21, masulkar coloney, near ajmera high school, pune 411 018
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search Cosmos Bank MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in ajmera of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Ajmera

How to find MICR codes for Cosmos Bank in ajmera?

Cosmos Bank ajmera MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Cosmos Cooperative Bank MICR codes list for ajmera, one can further search by branch name specified in the table. You can find MICR codes for all Cosmos Bank ajmera branches.

Cosmos Cooperative Bank MICR code in ajmera

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for ajmera branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Cosmos Bank branches in ajmera, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for ajmera branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Cosmos Bank ajmera branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for Cosmos Cooperative Bank ajmera branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for ajmera branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!